How to Earn Commissions up to 10k in Kenya.
As the economy continues to press, you need to look for extra sources of income. But you may be asking yourself how you can earn commissions in Kenya that can improve things. Well, I know you have searched to know how to get a side hustle, what to do to earn extra income, etc. This article focuses on answering your question.
Commission-based income is an excellent way to supplement your income or even establish a full-time career in Kenya. Many businesses offer attractive commission structures for individuals who help them boost their sales or services. With the rise of e-commerce, digital marketing, and the gig economy, earning up to Ksh 10,000 or more in commission is achievable. Here are several ways to earn commission in Kenya.
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Affiliate Marketing
Affiliate marketing is one of the best ways to earn commission online in Kenya. Many businesses, especially e-commerce platforms, offer affiliate programs where you can earn a percentage of sales made through your referral link. On these websites, you sign up for affiliate programs which will give you a unique referral code or link. The link you get is what you use to promote products or services in social media, blogs, or YouTube channels. So, when someone purchases through your link, you earn commissions.
If you don’t know which sites offer affiliate programs, then consider checking Jumia Kenya, Kilimall, Safaricom, and Amazon among others. They offer commissions of between 5% to 10%. The trick here is to promote high-end products.
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Earn commission being a real estate agent
The real estate market in Kenya continues to boom particularly in urban centers. As a real estate agent, you earn commission in various ways. One of the ways is to help people buy, sell, or rent property. When the deal is successful, then you earn your commission.
A nice approach to this is to partner with real estate firms or work independently by establishing your firm. Your work would involve advertising properties, connecting buyers to sellers, or even managing property on behalf of owners. The rate of commission depends on many factors, and they may go up to 30%.
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Tour and Travel Agent
If you have ever been to tourist destinations in Kenya or ports, you must have noticed how people travel. This paints a picture of how lucrative travel and tour businesses are. As a travel agent or guide you earn commissions. You can help clients book flights, hotels, and tours. This earns commissions upon successful transaction.
For this to work well, you partner with established travel agencies or start independently. You can also engage with logistics firms for tourists. Commissions in this field range from 5% to 15%.
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Offer financial services.
Financial service is one area that won’t lose market given the need for money from time to time. Services such as mpesa, banking agencies, and the sale of airtime earn you commissions. If you open a stall and offer these services, you can earn commissions that can pay rent, the person you hired and remain with some amount.
Safaricom, for example, disburse commissions by the end of every month to your account. So, you establish this by opening a physical shop that can receive customers.
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Earn commissions as an insurance sales agent.
Insurance companies offer very attractive commissions for agents who bring new customers. This is an industry that is popular in commission-based remunerations in Kenya.
As an agent, you earn commissions when you sell products like motor insurance, life insurance, education policy, or health policy. So, when clients pay a premium, you earn a certain percentage as a commission. Before you venture into this, consider the most popular insurance companies like Britam, Jubilee Insurance, Sanlam, and UAP Old Mutual among others. Look at how they support their agents and what you can get as commission through the sale of a policy or cover.
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Referral Programs
Many Kenyan companies offer referral programs where you earn commissions for referring new customers or clients to their services. These could be audit firms, fintech platforms, law firms, and other sectors.
In a referral program, you either sign to get a unique code or simply arrange with authorized individuals in that firm.
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Network Marketing (Multi-Level Marketing)
Network marketing, also known as multi-level marketing (MLM), involves selling products and recruiting others to join the business. You earn commissions from your sales and from the sales of those you recruit.
It starts from sign up with a network marketing company, purchase products, and sell them to others. You can also recruit new members to join, and you’ll earn commissions on their sales. Companies like Forever Living, Oriflame, and Herbalife have established networks in Kenya.
Bottomline
Although this list is not exhaustive, it indicates to you how to earn commissions in Kenya. Commission-based income in Kenya offers flexibility and the opportunity to increase your earnings significantly. Whether you choose affiliate marketing, real estate, insurance sales, or another commission-based venture, success depends on your ability to market and build relationships with customers. With consistency, hard work, and smart marketing, earning up to Ksh 10,000 in commission per month is highly achievable.